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Newcourt Group in Receivership

  • 21-06-2009 6:53pm
    #1
    kravmaga
    Registered Users, Registered Users 2 Posts: 1,984 ✭✭✭


    Was a bit surprised to hear of Newcourt Group being put into receivership recently. One of the largest security companies in Ireland with 2,500 ee's.
    Appartently they owe Bank of Ireland a whopping €50 million:eek:

    Senior Management now to launch an MBO attempt.

    Main companies affected are Federal Security ,Sigmar Recruitment, Nifast, and Acuman Facilities Management.

    http://www.thepost.ie/post/pages/p/story.aspx-qqqt=THE+MARKET-qqqs=themarket-qqqid=42574-qqqx=1.asp


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